Tenet Healthcare Corporation (THC) — Financial Flexibility Index
Tenet Healthcare Corporation (THC) has a Financial Flexibility Index of 0.03x as of June 2026. Free cash flow of $753.00 Million (operating CF $585.00 Million minus capex $168.00 Million) represents 0% of total liabilities ($21.98 Billion). Check Tenet Healthcare Corporation (THC) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Tenet Healthcare Corporation Financial Flexibility Index (1988–2025)
Historical Financial Flexibility Index trend for Tenet Healthcare Corporation across 38 annual periods. For the full cash flow conversion analysis, see Tenet Healthcare Corporation (THC) cash flow conversion.
Annual Financial Flexibility Index for Tenet Healthcare Corporation (1988–2025)
Year-by-year free cash flow to debt coverage for Tenet Healthcare Corporation. Explore debt repayment capacity of Tenet Healthcare Corporation to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.22x | $4.55 Billion | $3.54 Billion | $20.70 Billion | ▲ +50.5% |
| 2024 | 0.15x | $2.98 Billion | $2.05 Billion | $20.39 Billion | ▲ +6.6% |
| 2023 | 0.14x | $3.12 Billion | $2.37 Billion | $22.80 Billion | ▲ +67.5% |
| 2022 | 0.08x | $1.84 Billion | $1.08 Billion | $22.55 Billion | ▼ -14.3% |
| 2021 | 0.10x | $2.23 Billion | $1.57 Billion | $23.32 Billion | ▼ -41.4% |
| 2020 | 0.16x | $3.95 Billion | $3.41 Billion | $24.22 Billion | ▲ +83.0% |
| 2019 | 0.09x | $1.90 Billion | $1.23 Billion | $21.36 Billion | ▲ +8.6% |
| 2018 | 0.08x | $1.67 Billion | $1.05 Billion | $20.30 Billion | ▼ -9.7% |
| 2017 | 0.09x | $1.91 Billion | $1.20 Billion | $20.98 Billion | ▲ +34.6% |
| 2016 | 0.07x | $1.43 Billion | $558.00 Million | $21.23 Billion | ▼ -26.1% |
| 2015 | 0.09x | $1.87 Billion | $1.03 Billion | $20.46 Billion | ▼ -4.4% |
| 2014 | 0.10x | $1.62 Billion | $687.00 Million | $16.95 Billion | ▲ +12.0% |
| 2013 | 0.09x | $1.28 Billion | $589.00 Million | $15.01 Billion | ▼ -39.5% |
| 2012 | 0.14x | $1.10 Billion | $593.00 Million | $7.81 Billion | ▲ +0.9% |
| 2011 | 0.14x | $972.00 Million | $497.00 Million | $6.95 Billion | ▼ -1.5% |
| 2010 | 0.14x | $948.00 Million | $472.00 Million | $6.68 Billion | ▲ +16.9% |
| 2009 | 0.12x | $881.00 Million | $425.00 Million | $7.26 Billion | ▲ +29.8% |
| 2008 | 0.09x | $755.00 Million | $208.00 Million | $8.07 Billion | ▼ -26.1% |
| 2007 | 0.13x | $1.05 Billion | $326.00 Million | $8.34 Billion | ▲ +478.4% |
| 2006 | 0.02x | $181.00 Million | $-462.00 Million | $8.28 Billion | ▼ -85.7% |
| 2005 | 0.15x | $1.34 Billion | $763.00 Million | $8.79 Billion | ▲ +167.5% |
| 2004 | 0.06x | $476.00 Million | $-82.00 Million | $8.35 Billion | ▼ -73.5% |
| 2003 | 0.22x | $1.71 Billion | $838.00 Million | $7.94 Billion | ▼ -46.0% |
| 2002 | 0.40x | $3.20 Billion | $2.31 Billion | $8.03 Billion | ▲ +29.0% |
| 2001 | 0.31x | $2.45 Billion | $1.82 Billion | $7.92 Billion | ▲ +84.3% |
| 2000 | 0.17x | $1.53 Billion | $869.00 Million | $9.10 Billion | ▼ -15.3% |
| 1999 | 0.20x | $1.82 Billion | $582.00 Million | $9.19 Billion | ▲ +13.7% |
| 1998 | 0.17x | $1.62 Billion | $403.00 Million | $9.28 Billion | ▲ +82.4% |
| 1997 | 0.10x | $810.00 Million | $404.00 Million | $8.48 Billion | ▼ -3.7% |
| 1996 | 0.10x | $565.00 Million | $195.00 Million | $5.70 Billion | ▼ -65.1% |
| 1995 | 0.28x | $1.69 Billion | $-7.00 Million | $5.93 Billion | ▲ +103.5% |
| 1994 | 0.14x | $332.00 Million | $147.00 Million | $2.38 Billion | ▲ +0.0% |
| 1993 | 0.14x | $332.00 Million | $147.00 Million | $2.38 Billion | ▼ -52.8% |
| 1992 | 0.30x | $717.00 Million | $398.00 Million | $2.42 Billion | ▼ -22.6% |
| 1991 | 0.38x | $980.00 Million | $559.00 Million | $2.56 Billion | ▼ -10.1% |
| 1990 | 0.43x | $978.00 Million | $600.00 Million | $2.30 Billion | ▲ +20.9% |
| 1989 | 0.35x | $898.00 Million | $448.00 Million | $2.55 Billion | ▲ +29.8% |
| 1988 | 0.27x | $753.00 Million | $365.00 Million | $2.78 Billion | — |